Puravankara Limited closed FY26 with its strongest performance yet, and Bengaluru remained the engine behind it. The Bengaluru-headquartered developer reported its highest-ever annual sales of Rs 7,407 crore for FY26, a 55% jump over the previous year, while Q4 alone saw sales surge 190% year-on-year to Rs 3,547 crore. This momentum is now translating into an aggressive Bangalore launch calendar, with the company confirming it will roll out 30 projects nationally over the next 24 months, covering roughly 51.14 million square feet with an estimated Rs 55,000 crore in potential value, largely concentrated in South India and Mumbai.
North Bangalore has emerged as a key focus area. Purva Northern Lights, a large township inside KIADB Aerospace Park on Bagalur Road, spans close to 25 acres and is planned across eight towers offering 1, 2, 3 and 4 BHK apartments with sizes ranging from roughly 612 sq ft to over 4,100 sq ft (super built-up area), with prices starting near Rs 80 lakh. Phase 1 of the project received its Karnataka RERA registration in March 2026 and has since moved into the under-construction stage, marking one of the developer's most significant recent launches in the airport corridor.
South Bangalore is seeing parallel activity. Puravankara's CEO for the South region, Mallanna Sasalu, noted that Bengaluru remains the company's largest and most important market and central to its launch momentum, pointing specifically to the FY26 launches of Purva Silversky and Purva Northern Lights as evidence of sustained demand for well-located, high-quality residential offerings. Purva Silversky, positioned in the Electronic City–Hebbagodi belt, is being developed as a gated community of 3 and 4 BHK apartments spread over close to 7 acres, catering to the IT workforce along this southern tech corridor.
Beyond apartment launches, Puravankara has been actively expanding its Bengaluru land bank through joint development agreements. In the first half of FY26 alone, the company added over 6.36 million sq ft of developable area with an estimated GDV of Rs 9,100 crore, including a tie-up for a 24.59-acre parcel in KIADB Hardware Park, North Bengaluru, carrying a potential GDV of more than Rs 3,300 crore. This was followed by a fresh JDA for an 11.23-acre parcel in Doddagubbi, North Bengaluru, an area with strong connectivity to Hennur, Hebbal, Yelahanka, Manyata Tech Park and Kempegowda International Airport, taking the city's overall pipeline value past Rs 13,800 crore.
Pricing trends point to a maturing market. Puravankara's average realisation rose 21% year-on-year to Rs 10,213 per sq ft on saleable area for FY26, reflecting both a shift toward larger, premium configurations and firming demand across its Bangalore micro-markets. Managing Director Ashish Puravankara described FY26 as marking a clear transition into the company's next growth phase, citing a strengthened pipeline, improved realisations and sustained collections as the foundation for what comes next.
For homebuyers evaluating Puravankara in Bangalore right now, the picture splits into three broad categories: ready-to-move and near-completion homes in established micro-markets like HSR Layout and Kanakapura Road; under-construction townships such as Purva Northern Lights in the airport corridor; and pre-launch or upcoming projects like Purva Silversky and Purva Esplanade that are still finalising RERA approvals. Buyers should always verify the live RERA registration number on the Karnataka RERA portal before booking, since several 2026 launches are still moving through approval at the time of writing.
With sales guidance of Rs 11,200 crore set for FY 2026-27 across its Southern and Western markets, Puravankara's Bangalore pipeline is set to stay busy through the rest of the year. Homebuyers tracking the developer's activity in the city can expect a steady stream of new phase launches, EOI openings and RERA registrations across North, South and East Bangalore in the coming months.
